Novi, Michigan, USA: Lineage Logistics has bought Henningsen Cold Storage Company.
The deal bolsters Lineage’s presence in the Pacific Northwest adding 14 sites in Oregon, Washington, Idaho, Pennsylvania, North Dakota and Oklahoma.
Henningsen provides temperature-controlled warehousing and transportation, blast and room freezing, cold-chain fulfillment, and inventory and transport management.
Henningsen was founded in 1923 and originally operated under the name Northwestern Ice & Cold Storage Inc. It is a fifth-generation family business.
“We have known the Henningsen family since our earliest days in the cold chain industry and have deep respect for the business, culture and reputation they have built over generations,” said Kevin Marchetti, co-founder of Lineage Logistics.
“When we founded Lineage a little over eleven years ago, we looked to emulate companies like Henningsen that built their company with a long-term mindset. With this transaction, we will bring together two companies with that type of approach and make them both even stronger together.”The transaction is expected to close in the coming months, subject to customary closing conditions.
